FTC examining California gas price hikes- senator

WASHINGTON, March 11 (Reuters) - U.S. Sen. Barbara Boxer of California said on Thursday the Federal Trade Commission has opened an "informal" investigation into recent gasoline price increases in the state.

Boxer, a Democrat, spoke to reporters after a meeting with FTC Chairman Timothy Muris, during which she said he described the gasoline price hikes as "an anomaly" not explained by the factors the agency uses to predict prices and told her an informal investigation had been ...